Tracey Davies,Director Of Non-Profit Activist Just Share,
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[SOURCE, MONEYWEB] The FirstRand board spent most of its 90-minute annual general meeting on Wednesday trying to defend its “Covid-19 instrument”, which was designed to shelter its top executives from the adverse impact of the pandemic on the value of their long-term incentives.
The majority of shareholders were not persuaded, with a hefty 56.68% voting against the remuneration implementation report.
The majority of shareholders were not persuaded, with a hefty 56.68% voting against the remuneration implementation report.